Singapore

Singapore’s incredible transformation in less than a century from an uncultivated swamp to one of the world’s wealthiest nations has been supported by its motivated pro-business government, strategic nautical location, and receptiveness to foreign investment.

Strong momentum, demand for investment grade properties in the residential and commercial sectors, and intense interest from developers and consumers continue to support Singapore as the preferred property investment market in the Asian subcontinent.

The highly developed economy of Singapore amidst its more fledgling neighbours presents benefits and challenges to the city state’s property market. Efficiency, an absence of language barrier and a solid government make Singapore an attractive and relatively easy market to invest in. However, this natural ease gives way to less earning potential as yields average about 4%. Investors must tread thoughtfully and patiently in the Residential Real Estate sector.

The sector  is marked by a strong and consistent interest in Executive Condominiums. Insatiable demand for residential territory and recent landbanking exercises by developers have resulted in stock piled land that could expand into 5,000 launched units by the close of 2019.

The office real estate sector of Singapore remains a soft market as premium property demands decline. Expansions from IT and eCommerce companies continue to drive the market while a consumer demand for co-working spaces is expected to influence future constructions.

Singapore’s strategic location and finite space create a lack of supply that is predicted to result in higher property prices in the future. A testament to that prediction can be found by looking at the pointedly more lucrative real estate markets in similar city states such as Hong Kong, Monaco and Liechtenstein.